US-Australia Beef Trade: Easing Tensions and Safety Concerns

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Source: Reuters
US-Australia Beef Trade: Easing Tensions and Safety Concerns
Photo: Reuters
TL;DR Summary

Despite US President Trump's claims of selling 'so much' beef to Australia, analysts and traders believe high prices and limited supplies in the US make significant exports unlikely, especially as Australia relaxes biosecurity rules for US beef, which is unlikely to impact trade substantially due to Australia's own large beef industry and different beef tastes.

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